Which of the following statements is not correct?

A.

In a positive sense, the risk-return trade-off is that risks need to be taken in order to take advantage of opportunities for the organisation.

B.

Performance is the need to take risks to achieve objectives and, in order to achieve these objectives, risk management needs to be integrated throughout the organisation.

C.

One of the key roles of the Board in determining corporate strategy is to articulate the risk/return trade-off and the organisation's risk appetite.

D.

The ASX Corporate Governance Council holds the view that good corporate governance will promote investor confidence but it cautions that this confidence is not directly related to the ability of entities listed on the ASX to compete for capital.